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Thinking of starting your own business?

Here are a few quick tips to get you going

by Nataly  |  10865 views  |  6 comments  |        Rate this now! 

People often ask me about how I started Work It, Mom!. It's a long, long story and instead of boring you with it, I came up with these very quick five tips for moms thinking about starting a business. I did all of these when starting Work It, Mom!, with the exception of talking to an accountant. Because I come from a financial background I have the financial skills necessary to start a business (although good advice never hurts.)

If you've started a business, I hope you'll add a few of your own tips in the comments!
  • Write it down. You don’t need a long business plan, but you should have a good idea about what you want to do or sell, who your clientele is, how you will get the word out, what you will what materials you have already, what materials you will need.
  • Do some research and find out who your competition is. Do you want to start an online boutique? How many other boutiques out there are just like yours? How can you make yours unique or special? Do you think you can compete effectively? Or do you need to re-think your idea a bit?
  • Start to work on your business before you quit your job. Few working moms have the luxury to just quit a job and start a business. Find a way to start working on your business at night, on weekends or during other days off from your current job to get a head start.
  • Go talk to an accountant. Even if you don’t need to live off your business, be smart about the numbers from the start. You can get a free consultation with most accountants and get help with setting up basic accounting for your business and yourself as a business owner.
  • Just do it. You can start talking to potential clients or promoting your business before you have a finished website or nice business cards. The sooner you get out there the quicker you will learn.

About the Author

I am the co-founder of Work It, Mom!, a freshly minted entrepreneur, and an amateur writer.

Read more by Nataly

6 comments so far...

  • It's a nice article. I wonder, if you first found some sponsors, or created paid blogs and articles on your site to attract the public?
    Have you applied for any bank business loan at all? How much have you spend on advertizing in the first couple of year? (I need rough number, such as "thousands" or "billions" :)

    How many people are employed in this business full time? any men at all?

    Flag as inappropriate Posted by Sasha on 29th January 2009

  • I really liked this article, thanks a lot, I found it very helpful too and now my desire to start my own business is quickly increasing...

    Flag as inappropriate Posted by Desi on 10th February 2008

  • very helpful thank you

    Flag as inappropriate Posted by carrie on 21st November 2007

  • I admire that and appreciate your discussing it. Food for thought for me, too!

    Flag as inappropriate Posted by Mandy Nelson - Dandysound on 15th November 2007

  • I did discuss it with a select group. And here's the funny thing: At the beginning, it was useless because they all said nice things about the idea. I am sure they didn't want to hurt my feelings. Then when they realized that I was serious some "came out" and told me they really didn't like it and all the reasons why.

    This hurt the ego, but gave me food for thought.

    Flag as inappropriate Posted by Nataly on 15th November 2007

  • You really discussed this idea with people before you started it? Your friends? Family? I'm so afraid to do that. I'm so afraid...I've not really fished for new clients b/c I haven't redone the website. I haven't even done the simple update on my client list, which is impressive and large now...I don't want people to see it before I cross it off the to do list. I'm impressed that you could go forth and spread your dream without the concrete evidence yet! And now look at how it's all turned out for you. How did you tell people with your head held high?

    Flag as inappropriate Posted by Mandy Nelson - Dandysound on 15th November 2007